SpartanNash (SPTN) Stock Price, News & Analysis

Company Overview

SpartanNash is a leading food distributor and grocery retailer based in Grand Rapids, Michigan. Founded in 1917 as Spartan Produce Company, the firm has grown into a diversified enterprise serving a broad array of customers in the United States. SpartanNash operates through two primary segments—distribution and retail—providing products and services that span from fresh produce and dairy to private-label grocery brands.

In its distribution segment, SpartanNash supplies more than 2,100 independent and chain grocery stores, foodservice operators, and governmental customers, including U.S. military commissaries worldwide. The company’s extensive network of distribution centers supports next-day delivery for perishable and non-perishable goods, enabling timely replenishment of store inventories. SpartanNash also offers category management, marketing support, and logistics solutions designed to optimize shelf presentation and drive sales performance for retail partners.

Beyond distribution, SpartanNash owns and operates supermarket chains under banners such as Family Fare and Econofoods, primarily concentrated in the Midwest. The company’s retail operations emphasize fresh offerings, quality private-label goods, and neighborhood store formats. SpartanNash’s manufacturing arm produces a range of products, including fresh-cut produce, dairy items, bakery goods, and specialty beverages under its own labels, which are distributed both within its retail network and to external customers.

Leadership at SpartanNash is headed by Chief Executive Officer Dennis M. Eidson, who has steered the company through strategic acquisitions and organizational restructuring since joining the firm’s executive team. Under his guidance, SpartanNash has pursued initiatives in supply chain optimization, digital transformation, and sustainability, including waste reduction and local sourcing partnerships. The company continues to explore opportunities to expand its footprint, enhance operational efficiency, and deliver value to its diverse customer base.

Key Stats

• Today's Range: $26.52 to $26.57
• 50-Day Range: $17.62 to $26.58
• 52-Week Range: $17.30 to $26.65
• Volume: 383,536 shs
• Average Volume: 363,739 shs
• Market Capitalization: $898.89 million
• P/E Ratio: N/A
• Dividend Yield: 3.31%
• Price Target: $18.45
• Consensus Rating: Hold

SpartanNash Stock Analysis - MarketRank™

SpartanNash scored higher than 69% of companies evaluated by MarketBeat, and ranked 103rd out of 208 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

SpartanNash has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

SpartanNash has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 0.56%

Earnings Growth

Earnings for SpartanNash are expected to grow by 0.56% in the coming year, from $1.79 to $1.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SpartanNash is -82.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of SpartanNash is -82.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

SpartanNash has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.22% of the float of SpartanNash has been sold short.

Short Interest Ratio / Days to Cover

SpartanNash has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SpartanNash has recently decreased by 23.02%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

SpartanNash pays a meaningful dividend of 3.32%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

SpartanNash has been increasing its dividend for 15 years.

Dividend Sustainability

Based on earnings estimates, SpartanNash will have a dividend payout ratio of 48.89% next year. This indicates that SpartanNash will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -3.11

Percentage of Shares Shorted

3.22% of the float of SpartanNash has been sold short.

Short Interest Ratio / Days to Cover

SpartanNash has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SpartanNash has recently decreased by 23.02%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: 0.74

News Sentiment

SpartanNash has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for SpartanNash this week, compared to 5 articles on an average week.

Search Interest

Only 2 people have searched for SPTN on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added SpartanNash to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SpartanNash insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.40% of the stock of SpartanNash is held by insiders.

Percentage Held by Institutions

84.59% of the stock of SpartanNash is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SPTN Stock Analysis - Frequently Asked Questions

How have SPTN shares performed this year?

SpartanNash's stock was trading at $18.32 at the start of the year. Since then, SPTN stock has increased by 45.0% and is now trading at $26.5550.

How were SpartanNash's earnings last quarter?

SpartanNash Company (NASDAQ:SPTN) issued its quarterly earnings results on Thursday, May, 29th. The company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.43 by $0.08. The firm's revenue for the quarter was up 3.7% compared to the same quarter last year.
Read the conference call transcript.

Does SpartanNash have any subsidiaries?

SpartanNash subsidiaries include these companies: Martin's Super Markets LLC, Blue Ribbon Transport, Caito Foods Service, BRT SpartanNash LLC, Caito Foods LLC, Erickson’s Diversified Corporation, Family Fare LLC, and others.

Who are SpartanNash's major shareholders?

Top institutional shareholders of SpartanNash include Exchange Traded Concepts LLC (0.28%), Wealth Enhancement Advisory Services LLC (0.03%) and Investors Research Corp (0.02%). Insiders that own company stock include Hawthorne L Proctor and William R Voss.
View institutional ownership trends.

How do I buy shares of SpartanNash?

Shares of SPTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of SpartanNash own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SpartanNash investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), AU Optronics (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 5/29/2025
• Record date for 6/30 Dividend: 6/13/2025
• Ex-Dividend for 6/30 Dividend: 6/13/2025
• Dividend Payable: 6/30/2025
• Today: 7/10/2025
• Next Earnings (Estimated): 8/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: FOOD ITEMS - WHLE
• Sub-Industry: Food Distributors
• Current Symbol: NASDAQ:SPTN
• CIK: 877422
• Web: www.spartanstores.com
• Phone: (616) 878-2000
• Fax: 301-986-6079
• Employees: 19,000
• Year Founded: 2012

Price Target and Rating

• Average Price Target for SpartanNash: $18.45
• High Price Target: $26.90
• Low Price Target: $10.00
• Potential Upside/Downside: -30.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.32)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 14.83
• P/E Growth: N/A
• Net Income: $300 thousand
• Net Margins: -0.11%
• Pretax Margin: -0.03%
• Return on Equity: 8.26%
• Return on Assets: 2.51%

Debt

• Debt-to-Equity Ratio: 1.03
• Current Ratio: 1.66
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $9.55 billion
• Price / Sales: 0.09
• Cash Flow: $5.12 per share
• Price / Cash Flow: 5.19
• Book Value: $22.03 per share
• Price / Book: 1.21

Miscellaneous

• Outstanding Shares: 33,850,000
• Free Float: 33,376,000
• Market Cap: $898.72 million
• Optionable: Optionable
• Beta: 0.44